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Context
What happened: Domino's Pizza shares fell 3% in the early US cash session after the chain reported weaker-than-expected same-store sales growth in the US and internationally, despite earnings and revenue beating Bloomberg Consensus estimates.
Key numbers: US same-store sales rose
Why it matters: Bloomberg reporter Ann Gehan notes budget-conscious consumers and the "proteinmaxxing" trend are shifting tastes from pizza to chicken. Pizza QSR chains including Domino's, Papa John's and Pizza Hut struggle while chicken-focused QSR chains and Cava report stronger same-store sales growth this year.